Intermap Technologies (TSE:IMP) Stock Crosses Below 200-Day Moving Average - Here's Why

Key Points

• Technical signal: Intermap's stock dipped below its 200-day moving average (C$2.10), trading as low as C$1.95 and last at C$2.13 on volume of 175,414 shares.
• Weak recent earnings: The company reported a quarterly loss of C($0.07) per share, with a negative return on equity (-38.48%) and net margin (-63.50%) on C$1.98 million in revenue.
• Capital structure and size: Market capitalization is C$151.22 million, with a high debt-to-equity ratio (8.03), a low quick ratio (0.20) and a beta of 0.21.

Intermap Technologies Co. (TSE:IMP - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.10 and traded as low as C$1.95. Intermap Technologies shares last traded at C$2.13, with a volume of 175,414 shares changing hands.

Intermap Technologies Trading Up 7.6%

The business's 50-day moving average is C$1.60 and its two-hundred day moving average is C$2.10. The company has a debt-to-equity ratio of 8.03, a quick ratio of 0.20 and a current ratio of 5.05. The stock has a market capitalization of C$151.22 million, a PE ratio of -19.36 and a beta of 0.21.

Intermap Technologies (TSE:IMP - Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The company reported C($0.07) earnings per share for the quarter. Intermap Technologies had a negative return on equity of 38.48% and a negative net margin of 63.50%.The company had revenue of C$1.98 million for the quarter.

About Intermap Technologies

Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQB: ITMSF) is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the Company provisions diverse, complementary, multi-source datasets to enable customers to seamlessly integrate geospatial intelligence into their workflows.

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